Message Font: Serif | Sans-Serif
No. of Recommendations: 0
Paying down debt=promise of lower taxes in future

Yeah, that's the ticket, the politicians will lower our taxes in the future. Surely they won't just run the debt back up, will they? Seems to me that it would just like paying off the credit cards for a spendaholic with no way to cut up the credit cards.

Don't Pay Down the National Debt
It's a great deal.

Sorry to be the one to tell you, but the current SS is already bankrupt in the sense that the liabilities exceed the assets (as assets are commonly understood).

This article focuses on the imaginary nature of the SS "surplus".
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.